The site uses regional postings from the jobs website created by hiredMYway.com (a dba of Detroit-based Hired My Way LLC) and offers benefits to employers, job seekers and referrers.

Job seekers using the Crain's Job Front will get the benefits of the hiredMYway.com site, along with a free one-year online subscription to Crain's once they are hired. A newsletter is also sent several times a week to all job seekers registered on hiredMYway with updates on job listings.

For employers, Job Front offers free and unlimited listings until a hire is made, and direct communication with single applicants.

For job seekers, it offers an option to upgrade to become part of a smaller pool of screened applicants with a feature called MYtokens, cash bonuses once hired using MYtokens and notifications once a résumé has been viewed.

For job referrers, the site offers a cash bonus once someone they referred gets hired.

"This is a different model for an online jobs board," said Crain's Detroit Business Publisher Mary Kramer. "We're delighted to bring it to our readers -- both companies that are hiring and readers who are looking for a new opportunity.

"What's even better for us is hiredMYway is a company co-founded by one of our past "20 in their 20s' honorees, Matt Mosher."

Mosher, who is co-founder and CEO of the online company, said about 300 metro Detroit companies already have positions posted on the site; there are 15,000 job seekers.

Any applicant can submit a résumé for free, but for $2 the applicant's résumé goes into a smaller group with a higher likelihood of having his or her résumé reviewed. If the résumé is not reviewed within 15 days, the fee is returned.

These $2 upgrades are the MYtokens. They can be purchased separately or in discounted bundles. Once purchased, a job seeker will not be refunded for unused tokens.

HiredMYway.com knows when a hire has been made when the user clicks a "Hired" button in the account. After being hired, the applicant will get a bonus check in the mail. The company also pays commissions for referrals. Bonuses for referrals and new hires range from $150 to $4,000.

The contract between Crain's and hiredMYway was created out of recognition of the similarities between the two, Mosher said.

"Basically, the model and the vision of hiredMYway is very similar to the ... audience that Crain's targets," Mosher said.

"Our overall goal, besides a great partnership with Crain's, is to showcase how many truly great opportunities are out there in the Detroit area that are not being exposed right now," Mosher said.

Hired My Way, created in 2010, launched its website this year with $3 million in startup funds, including an investment from Dan Gilbert's Detroit Venture Partners LLP. Other investors include Don Foss, chairman of Southfield-based Credit Acceptance Corp., as well as Rob Nusbaum, president and CEO of Troy-based Berloni America; and his father, Irving Nusbaum, owner of the former New York Carpet World.

The company recently moved to the Madison Theatre Building in Detroit. Break-even annual revenue is $1 million, according to Mosher. In an August interview, he said he expects the company to reach that by February.